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fract
May 29, 2018 9:06 PM

Bitcoin test 5 

Bitcoin / U.S. dollarBitstamp

Description

Continuation of the research program

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Comment

Comments
GabrielVasile
Looks for similarities in this chart. Bullish divergence might take BTC in June to 8.6k.
Just wait for more confirmation.
fract
@GabrielVasile, totally!
fract
@GabrielVasile,
should have entered the green area to go up.
TreeTruffle
dude, this is awesome! keep it up!!
caimano
Nice idea, 3 trendlines with the different magnitude.....in your previous chart the FIB time cycles was more clear, in this one i have no clue how you extended the 100%? It's based on what?
fract
@caimano, see the circular FIB relationship and the places it crosses in upcoming update.
fract
Anyways, this work is a part of a research. Logical deductions are yet to be made based on what we'll get out of all the ideas. It's all about finding and learning some new ways of perceiving and breaking complex charts down to the "core". Constant changing the way I look at things is required to observe and analyse the subject further.
fract
@caimano, FIB time cycles in this idea represent all local lowest points.
caimano
@investa, the most important part of your job, it's to KEEP US UP-TO-DATE....all the time! You are great, man, you are so great! Soon I will start to share with you my takeaway from your charts...
fract
@caimano, As far as I'm concerned, the priority is to actually find a new method or approach that works other than standard TA of financial markets to be able play against the crowd who use TA. Note that in most cases I don't even use indicators which are often used to keep people up-to-date for a short term trading. I work directly with the chart in mostly in a longer term style. I'm onto something new in terms of philosophy behind analyzing the charts. As soon as I finish the research of my experimental work, I will share with people the short term signals. I am aimed at providing quality work not quantity and to do that unfortunately it requires many resources such as time, money and logical deductions out of my work. Nevertheless, I see a light at the end of tunnel. Looking forward to your way of interpreting my work. It's good to know that some people actually find my work very valuable. Thank you.
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